Saturday, 02 February 2008
-
Byron Burke - How to write a winning business plan
The
best way to show bankers, venture capitalists, and angel investors that
you are worthy of financial support is to show them a great business
plan. Make sure that your plan is clear, focused and realistic. Then
show them that you have the tools, talent and team to make it happen.
Your business plan is like your calling card, it will get you in the
door where you'll have to convince investors and loan officers that you
can put your plan into action.Not everyone who starts and runs a business begins with a business plan, but it certainly helps to have one. If you are seeking funding from a venture capitalist, you will certainly need a comprehensive business plan that is well thought out and contains sound business reasoning.
If you are approaching a banker for a loan for a start-up business, your loan officer may suggest a Small Business Administration (SBA) loan, which will require a business plan. If you have an existing business and are approaching a bank for capital to expand the business, they often will not require a business plan, but they may look more favorably on your application if you have one.
Click here to get your free copy of BB Media Global Groups Business Plan Success
-
recommend
- recs 0
-
share
-
email
- sent 0
Post a Comment